Moat Close, Bramley, Tadley, RG26
- 3 beds
- 3 baths
- 3 reception
Key Features
- FOR SALE BY ONLINE AUCTION
- 6 WEEKS’ COMPLETION
- Concrete construction
- Two self contained studio apartments
- Three individual electrical consumer units
- Gross rental yield 12.4% PAX
Description
A three bedroom semi detached house with two self contained studio apartments which could be converted into a self contained annexe to accomodate multi-generational living.
The property is located in a popular residential area, within the proximity of Bramley Railway Station which provides rail links to London Paddington via Reading and London Waterloo via Basingstoke. There is also good access to AWE, Basingstoke, Reading and M3 and M4 motorways.
Ideal for letting investment with an estimated rent of £37,200 PAX, gross yield 12.4% PAX. All the entrance doors from the hallway are half hour fire-doors and three units are interconnected and hard-wired with smoke and heat detector alarms.
In our professional opinion we feel the property is best suited for cash buyers. If you require a mortgage, please consult with your mortgage provider/lender before bidding at the auction.
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Auction
To be sold by online auction (unconditional) on Thursday 29th May 2025 with a 6 WEEK COMPLETION, bidding will open at 10.00. -
To view
Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk -
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account. -
Tenure
Freehold -
EPC rating
31 - D -
Council tax band
B - Basingstoke and Deane -
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendors solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding. -
Guide prices
Guide Prices are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price. -
Additional fees
A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding. -
Deposit
If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and well require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements. -
Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction". -
Mortgage finance
We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.
Moat Close, Bramley, Tadley, RG26
- 3 beds
- 3 baths
- 3 reception
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